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Forget a gimmicky windfall tax. Energy companies should be forced to slash bills instead

3 Uitsigte0 Opmerkings

When all politicians agree on something, it is probably a bad idea. A windfall tax on energy companies is currently in populist vogue and is superficially plausible. Thanks partly to reckless sanctions policies agains...

John Oliver on the power of US utility companies: ‘The only game in town’

23 Uitsigte0 Opmerkings

On Last Week Tonight, John Oliver tore into the utility companies that have near-monopolistic control over the US power grid, which set high prices and are prone to scandal. “Just Google your utility company right now...

FRC stel ondersoeke in na oudits van vier Liberty Steel-maatskappye

26 Uitsigte0 Opmerkings

Brittanje se rekeningkundige waghond het vier ondersoeke geopen na die oudits van vier maatskappye wat besit word deur die metaalmagnaat Sanjeev Gupta onder die Liberty Steel-vaandel. Die Raad vir Finansiële Verslagdoening het gesê dit het begin...

‘What we now know … they lied’: how big oil companies betrayed us all

17 Uitsigte0 Opmerkings

There is a moment in the revelatory PBS Frontline docuseries The Power of Big Oil, about the industry’s long campaign to stall action on the climate crisis, in which the former Republican senator Chuck Hagel reflects ...

Ban for former Paralympian whose charity paid £1m to family companies

15 Uitsigte0 Opmerkings

A former medal-winning Paralympian footballer has been banned from being a trustee by the charities watchdog after an investigation found a disability sports charity he founded paid £1m raised by the public to compani...

US watchdog plans to make companies reveal greenhouse-gas emissions

19 Uitsigte0 Opmerkings

The US’s top financial watchdog proposed on Monday that publicly traded companies report information on their greenhouse-gas emissions and even those of their suppliers and consumers in one of the Biden administration...

Stay or sell? Should you ditch your shares in polluting companies?

111 Uitsigte0 Opmerkings

It has become a key debate for responsible investors. Should shareholders sell their stake in companies that fall short on ethical or environmental issues, or should they instead retain their holding and use their pos...

‘We expect a huge hit’: UK companies struggle as fuel costs soar

31 Uitsigte0 Opmerkings

UK businesses reliant on fuel are braced for plummeting profits, as prices at the pump hit yet another record this week, with the cost of petrol topping £1.60 a litre for the first time. Unleaded petrol hit £1.61 a li...

Russia plans to seize assets of western companies exiting country

26 Uitsigte0 Opmerkings

Russia has drawn up plans to seize the assets of western companies leaving the country as the Kremlin pushes back against sweeping sanctions and the exodus of international businesses since its invasion of Ukraine. An...

How oil companies rebranded deceptive climate ads as ‘free speech’

24 Uitsigte0 Opmerkings

Aan 24 Oktober 2019, Maura Healey, the attorney general of Massachusetts, sued ExxonMobil for “deceptive advertising” and for “misleading Massachusetts investors about the risks to Exxon’s business posed by fossil fuel...

Russian bond default ‘imminent’, warns Fitch, as more companies suspend operations – business live

35 Uitsigte0 Opmerkings

Lopende dekking van die jongste ekonomiese en finansiële nuus

Flood of Russian misinformation puts tech companies in the hot seat

26 Uitsigte0 Opmerkings

Millions of people are flocking to platforms such as Facebook, TikTok and Twitter for round-the-clock updates the Russian invasion of Ukraine – renewing scrutiny of the outsized role that tech companies play in dissem...

Australia’s Future Fund to divest $200m of holdings in Russian companies

17 Uitsigte0 Opmerkings

Australia’s Future Fund will wind down its $200m of holdings in Russian companies, joining a wave of divestments as the country is hit with expanding international sanctions for its invasion of Ukraine. The New South ...

Two former European prime ministers quit boards of Russian companies

21 Uitsigte0 Opmerkings

Two former European leaders have quit the boards of Russian companies in response to Russia’s invasion of Ukraine. Finland’s former prime minister Esko Aho said he had resigned as a director of Russia’s largest bank, ...

Scandal-hit mining companies BHP and Glencore pay record $12bn to investors

42 Uitsigte0 Opmerkings

Scandal-hit mining companies BHP and Glencore have paid out a record $12bn in dividends to investors as the price of the materials the companies mine continues to boom. BHP, the world’s biggest mining group which scra...

Who pays for lost credit balances at failed energy companies? We all do

22 Uitsigte0 Opmerkings

One detail within the hike in energy bills hasn’t received enough attention. While the surge in wholesale gas prices is, by a wide margin, the biggest driver, let’s not overlook the contribution from the cost of clear...

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